NetRent

Average tenancy lengths are on the rise

Rising average tenancy lengths make inventories and regular inspections much more important for letting agents and landlords, according to No Letting Go.

The latest English Housing Survey (EHS), the largest and most representative dataset for the private rented sector, found that private renters had lived in their home for 4.3 years on average – still considerably shorter than for social renters or owner-occupiers, but most definitely on the up.

This latest number is up from 4.1 years in the 2017/18 EHS and 3.9 years in the 2016/17 version of the report. In 2017, Your Move suggested that the average tenancy length had reached nearly two years (20 months), itself up by 18% from 2014.

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